by admin | Dec 14, 2012 | Investment Performance Guy, News
At this month’s Fall (Autumn) Performance Measurement Forum meeting, which was held in one of my favorite cities (San Francisco), one member posed a question about ancillary systems (i.e., those systems that sit aside the packaged or programmed systems that most...
by admin | Dec 13, 2012 | Investment Performance Guy, News
Jason Zweig often provides inspiration for a blog post, and his article in this past weekend’s WSJ (“Are You Brilliant, or Lucky?”) has done just that. The subject of luck versus skill has been one that academics, as well as practitioners, have...
by admin | Dec 11, 2012 | Investment Performance Guy, News
The long-awaited third edition of the Global Investment Performance Standards (GIPS(R)) Handbook is now available. This book is a companion whenever I do a verification. I find it to be an invaluable compendium to the Standards, and a valuable resource that helps...
by admin | Dec 10, 2012 | Investment Performance Guy, News
In last Friday’s WSJ, Cameron McWhirter had an article titled “To Quote Thomas Jefferson, ‘I Never Actually Said That,'” in which he refutes many quotes that are incorrectly attributed to our America’s third President (and one of our...
by admin | Dec 8, 2012 | Investment Performance Guy, News
Today’s post was inspired by an op-ed piece in this weekend’s WSJ: “Madoff Got Away, But Netflix Won’t,” by Holman W. Jenkins, Jr. Jenkins discusses how Netflix CEO Reed Hastings’ Facebook post that the company’s...
by admin | Dec 7, 2012 | Investment Performance Guy, News
Many software vendors and custodians claim to offer the Karnosky-Singer multi-currency attribution model, but do they really?The name has become synonymous with a robust approach to identifying the contributions from currency movements on a portfolio’s...
